Exclusive Jul 23v1 (Fixed) British Gas

franconormand79

CRISPIANNE3 said:

Mstty said:

CRISPIANNE3 said:

Some many times I have thought in recent days should I fix my electricity or not. However today I have taken the plunge and fixed with BG for the fix until July 31 2023. For me it's  the most sensible thing to do. 

Are you going to review today after the government's announcement on help with energy bills?

You do have 14 days to change your mind.

Based on todays events I have cancelled the fix. I do not qualify for the £650 payment but will get the £400 and the extra WFA payment of £300 so should be able to weather the storm. 

That’s interesting you’ve chosen to do that. Can you explain a bit more why? Surely you would save a bit more keeping with that tariff or are you taking a gamble the price cap won’t rise by 54%. My thinking is it will definitely be at least a 54% rise otherwise the sunak package wouldn’t have been as strong 

Mr_Robot_Elliot

jefferson89 said:

franconormand79 said:

Goji08 said:

Yes, saw that. It is actually cheaper than v.1. Some positive news at least with government backed support for winter. 

That’s interesting the cost worked out more expensive for me than v1 

I am in the same boat v1 was cheaper for me at £1706 yearly . Where as V2 is coming at £1,737 yearly.

Me too.

V1 expired, I was waiting for today's news to  change. When I logged on, its been taken off.

V2, is £150+ more than V1.

My variable tariff ends 31/07/22.

So do I got for V2 now and wait? Its only likely to go up more with a V3 surely?

BUFF

franconormand79 said:

That’s interesting you’ve chosen to do that. Can you explain a bit more why? Surely you would save a bit more keeping with that tariff or are you taking a gamble the price cap won’t rise by 54%. My thinking is it will definitely be at least a 54% rise otherwise the sunak package wouldn’t have been as strong 

the current prediction for the October cap of ~£2800 is ~42% rise

Chelt_chap

yes, i can see it's been pulled although new version is only slighly more expensive.  with todays announcement I am thinking to stick with the svr. hopefully in 2023 prices will drop